Replies to post #16261 on Labwire Inc (LBWR)

[Robsct]

joev, do you have shares up for sale at .01?

[creede]

Not so sure, joev2. If you want a large position, but want to pay the least you can, then creeping the BID is the way to do it. Other way around and you just run up the stock. Since this stock is unsolicited, there may only be 5000 shares at .012. What if you keep hitting the Ask, and next thing you know the pps is at .02, and you only have 100k shares, and now the BID support returns.

[zigbee]

I would simply ante up say $200 more and buy my 1 million shares at .012 instead of .01.

I am pretty sure that would not work since there is probably not 1M available at .012 just as trying to sell 1M at .01 wouldn't work. I have not bought any for a bit but when I have it is by sitting high on the bid and waiting. If your not getting any then bump the bid. This seems to be what is happening now. If someone wants a larger position, it will probably require a lot of patience since the selling really dried up. Maybe some will shake out around here but there is not much of a float at ~19M to shake from.

[Tr8dervic]

I would simply ante up say $200 more and buy my 1 million shares at .012 instead of .01.

Check your math.